Many companies now use customer profitability analysis to identify and weed out unprofitable customers.

Question

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Customer profitability analysis is a common practice in many companies to evaluate the profitability of each customer or group of customers. By analyzing the revenue and costs associated with each customer, companies can identify which customers are profitable and which ones are not. This information can be used to make informed decisions about pricing, marketing, and customer acquisition strategies. Identifying and weeding out unprofitable customers is one of the key benefits of conducting customer profitability analysis.

Many Companies Now Use Customer Profitability Analysis to Identify and Weed